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- LoopNet Team
116 E Washington St
Monroe, IA 50170
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attached 1 Bed Room Apartment
- Thriving business for 44 years
- 4 neighboring lots are included
PROPERTY FACTS
ABOUT 116 E WASHINGTON ST , MONROE, IA 50170
Mikes Lounge has been serving the Monroe community for 44 years and the owner is looking to retire. This is a unique opportunity to take over a thriving business and make it your own. Mike's lounge currently offers a full bar with plenty of space for seating and a kitchen with pizza ovens for an added revenue source. This price also includes the beer garden lots next to the bar at 116 E Washington. That's not all! There is an additional INCOME opportunity by renting out the 1 bedroom apartment located behind the bar with its own private entrance. The apartment is currently vacant giving the new owner the opportunity to live in the apartment or rent it out. Metal roof, stone exterior, and a new water heater in 2022. Call today for a private showing!
PROPERTY TAXES
| Parcel Number | 17-36-229-006 | Improvements Assessment | $85,070 |
| Land Assessment | $3,880 | Total Assessment | $88,950 |
PROPERTY TAXES
